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Stellantis shares plunge
Shares of Dodge-maker Stellantis drop 9% after profit warning
The conglomerate, known for brands such as Chrysler, Dodge and Jeep, warned of lower-than-expected sales “across most regions” in the second half of the year.
Stellantis becomes second carmaker to issue profit warning in 4 days as China rivalry bites
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.
Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
Shares in Chrysler parent Stellantis plunged almost 14% in Milan Monday after the Italian-American carmaker slashed its forecasts for full-year profitability and cash flow, citing weaker global sales and increased competition from Chinese rivals.
1d
Dodge-parent Stellantis tumbles on warning, dragging auto stocks lower
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, ...
1d
on MSN
Stellantis has too many cars sitting unsold, and it's a huge problem
It is no secret that Stellantis (STLA) has been in deep trouble lately. Last week, the multinational automaker and parent ...
2d
Stellantis, Owner of Chrysler and Jeep, Slashes Profit Forecast
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
2d
on MSN
Stellantis and Aston Martin shares drop sharply after profit warnings amid China woes
The conglomerate, known for brands such as Chrysler, Dodge and Jeep, warned of lower-than-expected sales "across most regions ...
Electrek
1d
Big discounts are coming for Jeep, Dodge as US sales crash ahead of first EV launches
Jeep and Dodge’s parent company, Stellantis, will offer hefty discounts and reduce output as it looks to reverse plunging ...
Wall Street Journal on MSN
2d
Stellantis Becomes Latest Automaker to Warn on Deteriorating Market
Stellantis
STLA2.69%increase; green up pointing triangle cut its full-year guidance Monday, becoming the latest European ...
13d
UAW's Fain says Stellantis 'confirmed' Dodge Durango move to Canada in August
The UAW leader wrote a letter to a senior Stellantis executive, discussing disputes over the Dodge SUV and a closed Illinois ...
7d
Indiana Police Will Liquidate Busted Dodge Durangos, Says Stellantis Won’t Help
Stellantis allegedly failed to amend faulty oil coolers in Durango cruisers, leading one department to cut its losses and ...
6d
Stellantis puts five brands in creative review, including Dodge, Ram and Chrysler
The incumbents on the brands are Omnicom’s GSD&M (which mainly handles Dodge) and Stagwell’s Doner. Jeep, whose creative is ...
FOX 32
11d
Merrillville police chief slams Stellantis over faulty Dodge Durangos, forced to sell at 'significant' loss
The police chief of Merrillville, Indiana is slamming auto giant Stellantis after its fleet of recently purchased Dodge ...
1d
Stellantis plunges 14% after lowering forecast: what’s driving the struggles?
Stellantis NV slashes its annual forecasts due to worsening industry trends, rising costs in the US, and fierce Chinese ...
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